+44 (0) 1279 755 777
Recognised in Chambers 2011 as "leaders in the field of property litigation"
Business life is becoming more pressurised and complex. Companies are increasingly exposed to disputes and disagreements whether large or small. With an impressive line-up of experienced litigators you can rely on Nockolds to analyse the evidence, the law and the options available.
Under the leadership of James Brunton the Dispute Resolution Team has been recognised in both Legal 500 and Chambers 2011 for its expertise in commercial litigation matters. Chambers 2011 identified James as a “Leader in his field” winning acclaim in 2010 as "a sound operator and clear communicator."
The Dispute Resolution team can assist in the following areas:
Business Review and Practical Advice
Do you know who your clients and customers are?
Can you determine if your customer has the ability to pay?
Have your terms of business been properly incorporated into your contract with your customers?
'The early bird catches the worm' - Are your credit control processes in tune with your terms and conditions?
We can help!
When debtors fail to respond to your requests for payment, then a letter from a solicitor may well do the trick without the need for any further action. We will send a personalised customer, nothing cheap and mass produced that is often ignored. All we need is a copy of your customer's statement and we can do the rest! The cost of this service is based on the number of instructions we receive, so the more instructions you send us, the less it will cost you!
The majority of debtors will pay on a well-targeted solicitor's letter. Other debtors require a more personal approach to ensure settlement. With a complete understanding of our client's business we can, if required, effectively mediate with your customer, understand the debtor's issues and negotiate settlement on your behalf. Work done is charged at a pre-agreed hourly rate, depending on the time spent on the matter.
Firstly, make sure your customer is correctly identified. If legal action becomes necessary then proceedings must be issued to the correct individual(s) or company. If you are not sure, you can instruct us to check. Secondly, the ideal is to sue people that have money and assets. The cost of obtaining a County Court Judgment will be a wasted cost if the debtor cannot pay. Each stage of Debt Recovery is taken with a view to the likely success of the outcome.
We initially charge you a fixed rate of £50.00 plus VAT for all steps from issuing the claim to instructing the Bailiff to seize the debtor's goods for sale on undisputed claims*. Court fees will be invoiced to you as soon as they are to be incurred. By selecting debtor matters on which to issue proceedings, the chance of it not costing you anything at all is much improved, as we can recover the court fee and solicitor's costs from the debtor. You just pay the VAT!
* In the event a claim is successful, all monies received will be accounted to you in full. Claims that included additional solicitor's costs paid by the Defendant Debtor will be charged to you on your receipt of the full settlement of the claim.
Enforcement - we can advise on what the best method is for each individual case.
In the case of Company Judgments, enforcement by seizure of goods and assets may not be the best choice to ensure your Judgment gets paid. The thing about seizure is you have to visualise what the goods might be worth when sold in auction. Will the sale recover the Bailiff / Sheriff’s fees and recover your money? There are other steps that can be taken, for instance, Charging Orders, Third Party Debt Orders and Orders that the Debtor Attends Court for Questioning. With individuals you can also obtain an Attachment of Earnings Order. These will all be fully explained, together with the costs involved.
If a case is not economical to pursue then we will advise you. There is no point in throwing good money after bad.
Is the debt over £750.00 or is your debtor a serial Judgment Defendant?
We can issue Statutory Demands based on your invoices or on the Judgment obtained against the debtor. If the demand is ignored we will explain the steps of Insolvency Proceedings and act on your behalf.
Our agents use the most advanced databases for both electronic and telephone tracing to find absconders. Don't let them get away! The cost for this disbursement is £37.00 plus VAT, on a no success - no fee basis.
Up to date reporting on all of your debtors' matters is available on request. You can keep track of progress and keep us informed of direct payment and developments.
Nockolds has the benefit and experience of being a long established firm combined with expertise from the fields of both consumer and commercial credit management. We therefore know what you expect from us and we know we can deliver.
Recent additions to the service portfolio within Nockolds Debt Recovery Team, as a direct result of listening to our clients’ requirements, have created all-encompassing Debt Recovery Solutions. From advice to our clients on how to get the most out of their own credit control systems, to full litigation services and representation at court. From ensuring your terms and conditions with your clients are robust and are correctly incorporated into your business relationships, to advice on personal guarantees to enable you to take commercially viable risks.
Effective collections start with you.
01279 712 586
fax: 01279 260 047
In the last couple of days a story has been reported widely in the press regarding a family at war over the Estate of Lord Lambton, the former Conservative Minister. Multi-millionaire Lord Lambton died in 2006, and ever since his family have been feuding over his Estate. Lord Lambton left his entire Estate to his eldest son, Lord Durham(known as ‘Ned’), overlooking his three daughters.
26 members of staff will be climbing 2412m in 12 hours or less to raise money for St Elizabeths.
Find out why they have set themselves this task
The European Commission has launched a consultation on unfair trading practices in the business-to-business supply chain.
Dalila Segador, of Nockolds International Department is a Spanish Official Translator appointed by the Spanish Foreign Office, a Certified Portuguese and Italian Translator and a Qualified Member of the Chartered Institute of Linguistics. For Spanish, Portuguese or Italian speaking citizens in the UK we offer certified translation services for all legal documents.
Hot off the press is the latest edition of our Commercial Newsletter. In this issue:
The importance of employers having a written and communicated policy on social networking for their employees
An informative guide to the change in the law surrounding cookies
Nockolds celebrate our award success with the Weston Homes Business Partner Award and the Times Two Star Accreditation as an “Outstanding Employer”
If you are thinking about becoming a landlord or want to keep up to date with the recent changes in letting properties, download the slides from our recent briefing with Mullucks Wells and Enable, Independent Financial Planners. If you are interested in coming along to the next event in this area subscribe to our updates.